Excel Corp (EXCC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
6363 NORTH STATE HIGHWAY 161 IRVING, TX 75038 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 1,586 | 362 | 327 | 8 | 646 | |||
| Cash and cash equivalents | 1,586 | 362 | 327 | 8 | 646 | |||
| Receivables | 1,896 | 1,174 | 90 | 2 | 68 | |||
| Inventory, net of allowances, customer advances and progress billings | 7 | 7 | ✕ | ✕ | ||||
| Inventory | 7 | 7 | ||||||
| Prepaid expense | 106 | 45 | 46 | 33 | ✕ | |||
| Other current assets | 89 | 84 | ✕ | |||||
| Other undisclosed current assets | 384 | 2 | ||||||
| Total current assets: | 3,677 | 1,672 | 854 | 44 | 715 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 231 | |||||||
| Intangible assets, net (including goodwill) | 4,440 | ✕ | ✕ | |||||
| Goodwill | 4,440 | |||||||
| Other noncurrent assets | 11,035 | 12,341 | 4,739 | 8 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 150 | ||
| Other undisclosed noncurrent assets | (4,671) | |||||||
| Total noncurrent assets: | 11,035 | 12,341 | 4,739 | 8 | 150 | |||
| TOTAL ASSETS: | 14,712 | 14,013 | 5,593 | 51 | 865 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 2,183 | 3,723 | 1,836 | 213 | 141 | |||
| Taxes payable | 0 | |||||||
| Employee-related liabilities | 1,055 | 1,509 | 603 | 66 | ||||
| Accounts payable | 577 | 1,375 | 807 | 147 | 140 | |||
| Accrued liabilities | 551 | 839 | 426 | |||||
| Debt | 12,809 | 8,985 | 582 | 120 | ||||
| Deferred compensation liability | (803) | |||||||
| Disposal group, including discontinued operation | 50 | |||||||
| Other undisclosed current liabilities | 803 | 162 | 277 | |||||
| Total current liabilities: | 15,042 | 12,707 | 2,418 | 375 | 538 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 42 | 268 | 711 | |||||
| Long-term debt, excluding current maturities | 42 | 268 | 711 | |||||
| Total noncurrent liabilities: | 42 | 268 | 711 | |||||
| Total liabilities: | 15,084 | 12,976 | 3,129 | 375 | 538 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (372) | 1,038 | 2,464 | (324) | 328 | |||
| Common stock | 10 | 10 | 10 | 7 | 3 | |||
| Additional paid in capital | 4,814 | 4,428 | 4,232 | 1,011 | 725 | |||
| Accumulated deficit | (5,197) | (3,401) | (1,778) | (1,341) | (401) | |||
| Other undisclosed equity, attributable to parent | 0 | |||||||
| Total equity: | (372) | 1,038 | 2,464 | (324) | 328 | |||
| TOTAL LIABILITIES AND EQUITY: | 14,712 | 14,013 | 5,593 | 51 | 865 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 17,115 | 17,599 | 9,112 | 432 | |||
| Revenue, net | 12,050 | 6,883 | |||||
| Financial services revenue | 5,549 | 2,404 | |||||
| Cost of revenue | (14,292) | (4,926) | (2,000) | (45) | |||
| Cost of goods and services sold | (1,422) | (45) | |||||
| Other undisclosed gross profit | 8 | ||||||
| Gross profit: | 2,823 | 12,673 | 7,112 | 387 | 8 | ||
| Operating expenses | (14,370) | (10,133) | (1,403) | (564) | |||
| Other operating income (expense), net | (34) | 115 | |||||
| Other expenses | 115 | ||||||
| Operating income (loss): | 2,789 | (1,697) | (3,021) | (901) | (557) | ||
| Nonoperating income (expense) | 2,823 | 446 | 2,975 | (1) | 223 | ||
| Investment income, nonoperating | (2) | 3 | |||||
| Other nonoperating income (expense) | 2,823 | 2,975 | (136) | ||||
| Interest and debt expense | (1,556) | (372) | (391) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,056 | (1,622) | (437) | (902) | (334) | ||
| Other undisclosed loss from continuing operations before income taxes | (2,823) | (39) | |||||
| Income (loss) from continuing operations: | 1,233 | (1,622) | (437) | (941) | (334) | ||
| Loss before gain (loss) on sale of properties: | (956) | (1,622) | (437) | (941) | (334) | ||
| Loss from discontinued operations | (2,189) | ||||||
| Net loss: | (956) | (1,622) | (437) | (941) | (334) | ||
| Other undisclosed net loss attributable to parent | (841) | ||||||
| Net loss available to common stockholders, diluted: | (1,796) | (1,622) | (437) | (941) | (334) | ||
Comprehensive Income ($ in thousands)
| 6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (956) | (1,622) | (437) | (941) | (334) | ||
| Comprehensive loss, net of tax, attributable to parent: | (956) | (1,622) | (437) | (941) | (334) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.